Transaction in Own Shares

RNS Number : 6753W

Shoe Zone PLC

22 August 2022

 

22 August 2022

Shoe Zone plc

("Shoe Zone" or the "Company")

Transaction in Own Shares

Shoe Zone plc (AIM: SHOE) announces that on 19 August 2022 , it purchased 50,000 ordinary shares of £0.01 each in the Company, pursuant to the share buyback programme (the "Buyback Programme") that was announced on 29 July 2022 as follows (together the "Transaction"):

Date of purchase 19 August 2022 Number of ordinary shares purchased 50,000 Highest price paid per ordinary share 185 pence Lowest price paid per ordinary share 182.5 pence Volume weighted average price paid per ordinary share 183.75 pence

Following the Transaction, the issued share capital of the Company remains unchanged at 50,000,000 and the Company now holds 381,729 shares in treasury. The total voting rights in the Company is now 49,618,271 which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, Shoe Zone under the FCA's Disclosure Guidance and Transparency Rules.

The Company will make further announcements in due course following the completion of any further purchases pursuant to the Buyback Programme .

In accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014 details of the purchase of its own ordinary shares by Shoe Zone, which were all executed through the Company's broker, Zeus Capital Limited, are set out below:

Schedule of Purchases: 

Shares purchased:	Shoe Zone plc (ISIN: GB00BLTVCF91 )
Date of purchases:	19 August 2022

Aggregate information:

Aggregated Volume	Volume-weighted average price (pence)	Venue
50,000	183.75	London Stock Exchange

Individual transactions:

25,000 185.00 pence  10:54 UK 12,500 182.50 pence  12:42 UK 12,500 182.50 pence  15:34 UK

For further information please contact:

Shoe Zone PLC                                                                             Tel: [phone]

Anthony Smith (Chief Executive)

Terry Boot (Finance Director) 

Zeus (Nominated Adviser and Broker)     Tel: [phone]

David Foreman, James Hornigold, Guy Brinkley (Investment Banking)

Dominic King (Corporate Broking)

 

END

 

 

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